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Energy Efficiency Actions Related to the Rollout of Smart Meters for Small Consumers

Author

Listed:
  • Luis Olmos
  • Sophia Ruester
  • Siok Jen Liong
  • Jean-Michel Glachant

Abstract

The installation of electricity Smart Meters (SM) brings about new opportunities for enhancing the interaction between consumers, generators and energy service providers. SM are needed to exert certain sets of actions upon consumers aimed at producing changes in the functioning of the system that can potentially greatly benefit consumers and other parties. Actions to be applied on consumers may be aimed at encouraging them to adapt their behavior to the conditions existing in the system or may directly control their load. The final benefits resulting from the application of SM related actions depend on the nature of the actions, but also on the characteristics of the system and the specific consumer group where these actions are applied. We first lay out the analytical framework to be used to assess the application of different sets of actions in a generic system. Afterwards, we use this framework to determine the SM related actions that should be first implemented in the Austrian system according to the benefits and costs of their application to this specific system. Based on our analysis, the provision to Austrian consumers of advanced indirect feedback on their electric load, together with the application of critical peak prices and simple time-of-use tariffs should already be considered in the short term.

Suggested Citation

  • Luis Olmos & Sophia Ruester & Siok Jen Liong & Jean-Michel Glachant, 2010. "Energy Efficiency Actions Related to the Rollout of Smart Meters for Small Consumers," RSCAS Working Papers 2010/02fsr, European University Institute.
    • Handle: RePEc:rsc:rsceui:2010/02fsr
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    Citations

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    Cited by:

    1. Li, Lanlan & Gong, Chengzhu & Wang, Deyun & Zhu, Kejun, 2013. "Multi-agent simulation of the time-of-use pricing policy in an urban natural gas pipeline network: A case study of Zhengzhou," Energy, Elsevier, vol. 52(C), pages 37-43.
    2. Feuerriegel, Stefan & Neumann, Dirk, 2014. "Measuring the financial impact of demand response for electricity retailers," Energy Policy, Elsevier, vol. 65(C), pages 359-368.
    3. Elena Claire Ricci, 2013. "Smart-Grids and Climate Change. Consumer adoption of smart energy behaviour: a system dynamics approach to evaluate the mitigation potential," Working Papers 2013.71, Fondazione Eni Enrico Mattei.
    4. He, Xian & Keyaerts, Nico & Azevedo, Isabel & Meeus, Leonardo & Hancher, Leigh & Glachant, Jean-Michel, 2013. "How to engage consumers in demand response: A contract perspective," Utilities Policy, Elsevier, vol. 27(C), pages 108-122.
    5. Yue Gao & Chao Fang & Jing Zhang, 2022. "A Spatial Analysis of Smart Meter Adoptions: Empirical Evidence from the U.S. Data," Sustainability, MDPI, vol. 14(3), pages 1-14, January.
    6. Lopes, Marta A.R. & Henggeler Antunes, Carlos & Janda, Kathryn B. & Peixoto, Paulo & Martins, Nelson, 2016. "The potential of energy behaviours in a smart(er) grid: Policy implications from a Portuguese exploratory study," Energy Policy, Elsevier, vol. 90(C), pages 233-245.
    7. Zheng, Yingying & Jenkins, Bryan M. & Kornbluth, Kurt & Kendall, Alissa & Træholt, Chresten, 2018. "Optimization of a biomass-integrated renewable energy microgrid with demand side management under uncertainty," Applied Energy, Elsevier, vol. 230(C), pages 836-844.
    8. Claire Bergaentzlé & Cédric Clastres, 2013. "Demand side management in an integrated electricity market: what are the impacts on generation and environmental concerns ?," Post-Print halshs-00839116, HAL.
    9. Kong, Xiangyu & Zhang, Xiaopeng & Li, Gang & Dong, Delong & Li, Ye, 2020. "An estimation method of smart meter errors based on DREM and DRLS," Energy, Elsevier, vol. 204(C).
    10. Kazutoshi Tsuda & Michinori Uwasu & Keishiro Hara & Yukari Fuchigami, 2017. "Approaches to induce behavioral changes with respect to electricity consumption," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 7(1), pages 30-38, March.
    11. Olmos, Luis & Ruester, Sophia & Liong, Siok-Jen & Glachant, Jean-Michel, 2011. "Energy efficiency actions related to the rollout of smart meters for small consumers, application to the Austrian system," Energy, Elsevier, vol. 36(7), pages 4396-4409.
    12. Vassileva, Iana & Campillo, Javier, 2014. "Increasing energy efficiency in low-income households through targeting awareness and behavioral change," Renewable Energy, Elsevier, vol. 67(C), pages 59-63.
    13. Claire Bergaentzlé & Cédric Clastres, 2013. "Tarifications dynamiques et efficacité énergétique : l'apport des Smart Grids," Post-Print halshs-00822731, HAL.
    14. Glachant, Jean-Michel & Ruester, Sophia, 2014. "The EU internal electricity market: Done forever?," Utilities Policy, Elsevier, vol. 30(C), pages 1-7.
    15. Strong, Derek Ryan, 2017. "The Early Diffusion of Smart Meters in the US Electric Power Industry," Thesis Commons 7zprk, Center for Open Science.
    16. Jean-Michel Glachant & Sophia Ruester, 2013. "The EU Internal Electricity Market: Done Forever?," RSCAS Working Papers 2013/66, European University Institute.
    17. Luis Hernández-Callejo, 2019. "A Comprehensive Review of Operation and Control, Maintenance and Lifespan Management, Grid Planning and Design, and Metering in Smart Grids," Energies, MDPI, vol. 12(9), pages 1-50, April.
    18. Ricci, Elena Claire & Banterle, Alessandro, 2020. "Do major climate change-related public events have an impact on consumer choices?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 126(C).
    19. Marques, Vítor & Bento, Nuno & Costa, Paulo Moisés, 2014. "The “Smart Paradox”: Stimulate the deployment of smart grids with effective regulatory instruments," Energy, Elsevier, vol. 69(C), pages 96-103.
    20. Thakur, Jagruti & Chakraborty, Basab, 2018. "Impact of increased solar penetration on bill savings of net metered residential consumers in India," Energy, Elsevier, vol. 162(C), pages 776-786.
    21. Alagoz, B. Baykant & Kaygusuz, Asim & Akcin, Murat & Alagoz, Serkan, 2013. "A closed-loop energy price controlling method for real-time energy balancing in a smart grid energy market," Energy, Elsevier, vol. 59(C), pages 95-104.
    22. Bergaentzlé, Claire & Clastres, Cédric & Khalfallah, Haikel, 2014. "Demand-side management and European environmental and energy goals: An optimal complementary approach," Energy Policy, Elsevier, vol. 67(C), pages 858-869.
    23. Jennings, Mark G., 2013. "A smarter plan? A policy comparison between Great Britain and Ireland's deployment strategies for rolling out new metering technologies," Energy Policy, Elsevier, vol. 57(C), pages 462-468.
    24. Luis R. Bernardo, 2013. "Retrofitting Conventional Electric Domestic Hot Water Heaters to Solar Water Heating Systems in Single-Family Houses—Model Validation and Optimization," Energies, MDPI, vol. 6(2), pages 1-20, February.

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